Razon to finance DENR’s 1,800-ha. reforestation project

and Natural Resources will reforest a 1,800-hectare area of the Upper Marikina River basin protected landscape for water security, watershed protection, and forest carbon and biodiversity management.

The DENR chief and Razon of the Prime Infra-led WawaJVCo Inc. recently signed a memorandum of understanding, deemed a“a milestone partnership,” in line with the vision and mission of the DENR and the Environmental, Social and Governance framework of Prime Infra integrating sustainability thinking in resource management and decarbonization strategies.

“We’re very grateful that some of our work in terms of keeping our forests whole and generating new forests will be part of the work of this group as well. Thank you very much, Mr. Razon, and to the group.“This memorandum of understanding for environmental stewardship between government and private sector reflects the commitment of both parties to develop and implement science-based strategies in support of sustainable development,” Razon said in a statement.

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